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Examination For Confirmation of Enrollment of GST Practitioners on 14.06.2019

May 11, 2019 1011 Views 0 comment Print

The registration for the exam can be done by the eligible GSTPs on a registration portal, link of which will be provided on NACIN and CBIC websites. The registration portal for exam scheduled on 14.06.2019 will be activated on 21st May, 2019 and will remain open up to 4th June, 2019.

GDP Estimation – A clarification

May 10, 2019 720 Views 0 comment Print

1. The Technical Report of Services Sector Enterprises in India, which was finalized under the 74thRound of National Sample Survey, was released recently by the National Sample Survey Office (NSSO). The survey utilized a sample of 35456 enterprises taken from the database of Ministry of Corporate Affairs (MCA) for the comprised out-of-survey units. The Report […]

13 recent important decisions taken by ICSI Council

May 10, 2019 3789 Views 0 comment Print

Ceiling on number of Annual Secretarial Compliance Reports to be issued by PCS – (i) The ceiling on number of Annual Secretarial Compliance Reports to be issued by PCS is 5 (five) reports individually/ per partner in each financial year w.e.f. April 1, 2020 and an additional limit of 5 (five) Secretarial Compliance Reports individually/ per partner in case the Unit has been Peer Reviewed.

Consider extension of last date of filing Form BEN-I: ICSI

May 10, 2019 42219 Views 0 comment Print

The due date for the filing of Form BEN-1 is 9th May, 2019 and that of Form BEN-2 is within 30 days of receipt of declaration in Form BEN-1 However, the said e-forms Form BEN-1 and BEN-2, have not yet been made available on the MCA website is leading to practical difficulties for companies in […]

File DIR-3 KYC upto 30th June 2019

May 10, 2019 12753 Views 3 comments Print

Analysis of MCA Notification regarding filing of E Form DIR-3 KYC upto 30th June every year  as notified by Companies (Appointment and Qualification of Directors) Amendment Rules, 2019 The Ministry of Corporate Affairs has issued Companies (Appointment and Qualification of Directors) Amendment Rules, 2019 which shall come into force from 30.04.19 wherein Rule 12A related […]

File one time Return in DPT-3 Form up to 29th June, 2019

May 10, 2019 35958 Views 2 comments Print

Analysis of MCA Notification regarding filing of DPT – 3 Form upto 29th June, 2019 – One time Return Companies (Acceptance of Deposits) Second Amendment Rules, 2019 regarding filing of DPT-3 upto 29th June 2019 The Ministry of Corporate Affairs has issued Companies (Acceptance of Deposits) Second Amendment Rules, 2019 which shall come into force from […]

Draft amendments to (Information Utilities) Regulations & Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations

May 10, 2019 540 Views 0 comment Print

IBBI Discussion Paper on Amendments to (i) the Insolvency and Bankruptcy Board of India (Information Utilities) Regulations, 2017; and (ii) the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) Regulations, 2016.

Draft Corporate Insolvency Resolution Process and Regulations

May 10, 2019 2706 Views 0 comment Print

Discussion Paper on Corporate Insolvency Resolution Process along with Draft RegulationsThis discussion paper assimilates the suggestions received on public portal, suggestions by mail /letters, suggestions received in round tables and the emerging jurisprudence.

Ind AS Technical Facilitation Group Clarification Bulletin 19

May 10, 2019 4149 Views 0 comment Print

Issue 1: Entity A is required to apply Ind ASs in preparing its financial statements for periods beginning on or after April 1, 2018. Thus, the date of Entity A’s transition to Ind ASs is April 1, 2017.

Draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Bankruptcy Process for Personal Guarantors to Corporate Debtors), Rules, 2019

May 10, 2019 2742 Views 0 comment Print

Invitation of Public Comments on the draft Insolvency and Bankruptcy (Application to Adjudicating Authority for Bankruptcy Process for Personal Guarantors to Corporate Debtors), Rules, 2019. Government of India Ministry of Corporate Affairs File No. 30/21/2018- Insolvency Section Dated: 8th May, 2019 Invitation of Public Comments on the draft Insolvency and Bankruptcy (Application to Adjudicating Authority […]

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